Shares in troubled Italian bank Monte dei Paschi di Siena have plunged after news reports that the bank's request for more time to raise new capital from investors has been rejected by regulators.

Steve Peoples, Associated Press | Posted Dec 9th - 10:31am

Still grappling with Donald Trump's surprise election, the nation's business community has begun to pressure the president-elect to abandon campaign-trail pledges of mass deportation and other hard-line immigration policies that some large employers fear would hurt the economy.

The Associated Press | Posted Dec 9th - 10:22am

The latest on developments in financial markets (All times local):

Ricardo Alonso-Zaldivar, Associated Press | Posted Dec 9th - 10:20am

One by one, key health care industry groups are telling the incoming Republican administration and Congress that it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences.

The Associated Press | Posted Dec 9th - 10:20am

USA Luge has signed a two-year sponsorship with World Financial Group, Inc.

Jill Lawless, Associated Press | Posted Dec 9th - 10:12am

British Brexit Secretary David Davis told London financial-sector bosses that he is "not really interested" in seeking a transitional deal with the European Union to soften the process of the U.K.'s exit from the bloc, the Financial Times reported Friday.

Gene Johnson, Associated Press | Posted Dec 9th - 10:04am

Washington has become the first U.S. state to sue the agrochemical giant Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades. The company said the case "lacks merit."

Ricardo Alonso-Zaldivar, Associated Press | Posted Dec 9th - 10:01am

Supporters of the 2010 health care law will launch a political coalition Friday to block its repeal. They're targeting Republican lawmakers whose constituents may now be at risk of losing health insurance.

The Associated Press | Posted Dec 9th - 9:50am

A tractor-trailer carrying $500,000 worth of Coach purses has been stolen from a warehouse in New Jersey's largest city.

Matthew Daly, Associated Press | Posted Dec 9th - 9:31am

Hours to a government shutdown, coal-state Senate Democrats blocked swift action on a stopgap spending bill over benefits for retired miners and pressed President-elect Donald Trump, a self-proclaimed coal champion, to intervene with Republicans.

Marley Jay, Associated Press | Posted Dec 9th - 9:31am

U.S. stocks are rising Friday as major indexes continue to set records. Some of the largest gains are going to industries that have been left out of the post-election rally, including health care companies and makers of household goods. Banks, which have led that surge, are slipping.